158 Independence Avenue, Las Vegas, NM 87701 (MLS# 1100794) -

158 Independence Avenue, Las Vegas, NM 87701

$384,900

Property Type: Residential Income Square Footage: 3,515 Lot Size (sq. ft.): 61,420 Status: Active

Current Price: $384,900 List Date: 3/30/2026 Last Modified: 4/01/2026

Overview

Description

This unique property presents an exceptional investment opportunity with incredible versatility. Situated on over an acre, the property includes two lots and three separate homes, offering potential for income or multi-generational living. The front home features approximately 1,120 sq. ft. with 3 bedrooms and a ¾ bath, while the middle structure is an efficiency apartment complete with a spacious bedroom, living area, and ¾ bath. The rear home offers 3 bedrooms, 1.75 baths, and its own 2-car garage! The property also includes a detached single-car garage, multiple storage sheds, and various outbuildings–ideal for hobbyists, storage, or workspace needs. Mature trees and a beautiful rock wall enhance the property’s character and outdoor appeal priced to be SOLD IN THE AS-IS CONDITION!!!

Listing Details MLS# 1100794

Contract Information

List Price/SqFt: 109.5

Location

Street #: 158
Street Name: Independence
St Suffix: Avenue
County: San Miguel
City/Town Code: Las Vegas
State/Province: NM
Zip Code: 87701
MLS Area Major: 600 – San Miguel
Zone Atlas: NOZA

General Property Description

# of Units: 3
5+ Units: No
Units for Sale: 3
Property Sub-Type: House Plus Unit(s)
Living Area: 3515
Lot Size Source: On-Line
Acres: 1.41
Lot SqFt: 61420
Directions: Head northeast on Topaz Lane 233 ft Continue onto S Grand Ave 269 ft Continue onto I-25BL 0.8 mi Turn left onto S Pacific St 0.6 mi Turn right onto Independence Ave Destination will be on the left
Stories: 2
Total # of Buildings: 3
Year Built: 1950
Year Built Details: Tax records do not indicate age and sellers are not positive.
Age: Select One
Accessory Dwelling Unit: Yes
Disability Access: Unknown
LBP Disclosure: Yes
Builder: Unknown
Owner Occupant Unit: No
Flood Zone: X

Cooling

Centrally Ducted: Yes

Accessory Dwelling Unit Information

ADU Finished YN: Yes
ADU Heating YN: Yes
ADU SqFt: 1125
ADU SqFt Included YN: Yes
ADU Bedrooms: 3
ADU Bedrooms Included YN: Yes
ADU Bathrooms: 75
ADU Bathrooms Included YN: Yes

Sales Info

Trade/Xch Considered: No

More Information

# of Unit Types (1)

# of Units: 3
# of Bedrooms: 7
# Baths: 4
Approx. SqFt: 3500
Max Rent: 3000
Market Rent: 2900

Unit Summary

Total Units: 3
Average Unit Size: 3500
Average Actual Rent: 0
Annualized: 0
Total Actual Rent: 0

Currently Not Used

Bank Owned: No

City/County Data

UPC Code: 1094092521323

Tax & Legal Info

GRT Code: 12-122
Tax Exemption: No
Tax Annual Amount: 2100

Construction Materials

Frame: Yes
Stucco: Yes

Amenities

Storage: Yes

Flooring

Carpet: Yes
Tile: Yes

Heating

Central: Yes
Wall Unit: Yes

Owner Pays

Other – See Remarks: Yes

Showing Requirements

Call Listing Agent: Yes

Tenant Pays

Other – See Remarks: Yes

Build Description

Resale: Yes

Appliances included

Disposal: Yes
Free-Standing Gas Range: Yes
Refrigerator: Yes

Utilities

Electricity Available: Yes
Electricity Connected: Yes
Natural Gas Available: Yes
Natural Gas Connected: Yes
Sewer Connected: Yes
Water Connected: Yes

Green Energy Generation

None: Yes

Electric Provider

Public Utility: Yes

Parking

2 or More Garages: Yes
2+Spaces Per Unit: Yes

Roof

Metal: Yes
Pitched: Yes
Shingle: Yes

Finance Considered

Cash: Yes
Conventional: Yes

Rental Info

Other – See Remarks: Yes

Zoning

R-1: Yes

Property Features

Construction Materials: Frame; Stucco Build Description: Resale Amenities: Storage Appliances included: Disposal; Free-Standing Gas Range; Refrigerator Utilities: Electricity Available; Electricity Connected; Natural Gas Available; Natural Gas Connected; Sewer Connected; Water Connected Heating: Central; Wall Unit Flooring: Carpet; Tile Green Energy Generation: None Electric Provider: Public Utility Owner Pays: Other – See Remarks Tenant Pays: Other – See Remarks Parking: 2 or More Garages; 2+Spaces Per Unit Roof: Metal; Pitched; Shingle Rental Info: Other – See Remarks Finance Considered: Cash; Conventional Showing Requirements: Call Listing Agent Zoning: R-1

Listing Office: Southwest Elite Real Estate

Last Updated: April – 01 – 2026

Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.